rjornd

Bullish Trend Broken! Where will UJ go next?

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
With the impending US economic bust that is about to happen when the Dollar bursts (based upon the DXY and US30), I'm bearish on UJ for this week.

I see it continuing in an Elliot wave pattern to retest its low point from early last week. I want to see if price respects that low point or breaks below it for the continuation.

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